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$GIS 4Q15 Call – Don, CFO: FY16 Guidance: Net sales to be flat in constant currency; Expect to deliver $400MM in cost of goods HMM; HMM plus Century savings adjusted GM is expected to improve from FY15 levels. We expect our media investment to decline slightly. Total segment operating profit at low single digit rate in constant currency.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.